Conservatives propose “tax holiday” for GST in December to lower costs, spur spending
Published August 17, 2021 at 5:02 pm
Leader Erin O’Toole announced the policy this week as part of the party’s election platform.
Under the plan, the GST would not be charged for the final month of the year for in-store retail.
O’Toole said it would help Canadians who’ve been struggling to make ends meet during the pandemic, while also supporting businesses by encouraging spending.
The campaign said the tax holiday would not apply to online purchases.
A GST holiday would represent a five per cent savings on many purchases across the country.
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